Source: Bank of New York
A Bank of New York-published guide to securities processing in Europe, examining the key initiatives, white paper and actions plans that have guided the European Commission's proposals for a clearing and settlement directive.
Intended for issuers, investors and intermediaries, as well as other parties interested in the securities industry, the document outlines the barriers as identified in the Giovannini Report, actions that could be taken by the private sector and national authorities, and the likely coordinated action required at the European Union (EU) level. It also examines the steps that are needed in order to remove technological barriers and competitive distortions in place throughout Europe.
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